Longtime tech news blog Gigaom folds
Gigaom, one of the oldest major technology news blogs, announced it was shutting down after running out of cash.
Gigaom, one of the oldest major technology news blogs, announced it was shutting down after running out of cash.
Internet
Mar 10, 2015
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Participants in a bankruptcy auction for failed electric-vehicle maker Fisker Automotive say Chinese auto-parts conglomerate Wanxiang Group has won with a bid of more than $149 million.
Business
Feb 15, 2014
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Kodak's trip through bankruptcy is now a memory for the scrapbook.
Business
Sep 3, 2013
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Kodak doesn't look a whole lot like it did when it filed for bankruptcy protection last year, but its executives and investors are hoping for a picture-perfect future.
Business
Aug 20, 2013
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(AP)—Attorneys in the bankruptcy case of failed electric car maker CODA Holdings say they have resolved several objections to the company's financing and sale plans.
Business
May 29, 2013
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Federal regulators on Tuesday warned several companies that the quick, easy background checks they are providing online might violate the Fair Credit Reporting Act.
Internet
May 10, 2013
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LodgeNet Interactive Corp. says it is filing for Chapter 11 bankruptcy protection as part of a plan to sell itself to investment firm Colony Capital for $60 million.
Business
Jan 28, 2013
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(AP)—Tribune Company says it has emerged from a Chapter 11 restructuring more than four years after the media company sought bankruptcy protection.
Business
Dec 31, 2012
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(Phys.org)—America's housing market is finally starting to really recover from the Great Recession, but some areas of the country are fighting back faster than others. New research from the W. P. Carey School of Business ...
Economics & Business
Nov 27, 2012
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(Phys.org) -- A rare accounting document, half-concealed beneath a coat of arms design, has revealed the activities of Italian bankers working in early 15th century London, decades before the capital became a financial powerhouse. ...
Archaeology
Jul 24, 2012
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A creditor is a party (e.g. person, organization, company, or government) that has a claim to the services of a second party. It is a person or institution to whom money is owed. The first party, in general, has provided some property or service to the second party under the assumption (usually enforced by contract) that the second party will return an equivalent property or service. The second party is frequently called a debtor or borrower. The first party is the creditor, which is the lender of property, service or money.
The term creditor is frequently used in the financial world, especially in reference to short term loans, long term bonds, and mortgage loans. In law, a person who has a money judgment entered in their favor by a court is called a judgement creditor.
The term creditor derives from the notion of credit. In modern America, credit refers to a rating which indicates the likelihood a borrower will pay back his or her loan. In earlier times, credit also referred to reputation or trustworthiness.
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